THE SHARE MARKET.

Otago Daily Times, Issue 20875, 15 November 1929, Page 15

THE SHARE MARKET.

DUNEDIN STOCK EXCHANGE. There were four sales of Kildares on the Dunedin Stock Exchange yesterday at 2b 4d (two) and 2s 5d (two). At the close of the market buyers were offering the latter figure, and sellers were demanding 2s 6d. There was also a reported sale of Bank of New Zealonds at 61a 3d ( cum div.). The shares were later on offer at 61s 6d. but no buyer came forward. E.S. and A. Banks were quoted ex dividend at £7 lie (buyers), no seller coming into the market. Inquiries were made for Hikurangi Coal ordinaries at > ls 6d, and preferences at as, sellers failing to come forward in either case. There was a fair demand in all sections. Sales: Kildare, 2s 4d (two), 2s 5d Sales reported: Bank of New Zealand. 61s 3d. The following are yesterday afternoon’s buying and selling quotations, which are subject to the usual brokerage:— BANKING. Bank of Australasia—Sel £l3 ISa. Bank of N.S. Wales—Sel £49 (cum div.). Bank of New Zealand—Sel 61s fid (cum div.). Commercial Bank—Buy 27s 9d, sel 28s. E.S. and A. Bank—Buy £7 lie (ex div.). National Bank of Aust. (cont.V. —Sel £9 Is (cum div.).. Union Bank—Sel £l4. INSURANCE, National Insurance Co.—Sel 18s fid (cum div.). N.Z. Insurance Co.—Buy 45s fid, sol 40s fid. South British Insur. Co.—Sel 665. Standard Insurance Co,—Sel 655. SHIPPING. Burns Philp—Buy 41s. Huddart, Parker (ord.)—Sel 435. COAL. Grey Valley—Buy 255. Pukemiro Collieries—Buy 60s. Westport CoaJ Co.—Buy 31s, sel 33s Hikurangi Coal ford.)—Buy Is fid. Hikurangi Coal (pref.)— Buy 4s. Paparon Coal—Buy 4s fid. LOAN AND AGENCY. Dalgety and Co.—Buy £l4 (cum div.). Goldsbrough. Mort—Sel 445. National Mortgage—Buy 83s. Trustees. Ex., and Agency—Buy 60s. MEAT PRESERVING. N.Z. Refrigerating (pd.)—Sel 13s 9d. N.Z. Refrigerating (cent.)—Sel 5s lid. MISCELLANEOUS. Sefm raliaD Ir ° D and Steel (tref.) British Tobacco—Buy 455, se] 46s 3d. Brown, Ewing (ord.)—Buy 30s 3d. D.LC. (ord.)—Buy 11s prem. DJ.C.. (pref.)—Buy 21s 3d. Dominion Rubber—Sel 30e. Dunlop Perdriau Rubber—Sel 25s fid. Kaiapoi Woollen (cont.)—Sel 4s 3d. Kaiapoi Woollen (pref.)—Buy 14s 6d. sel 15s 6d. _Milburn Lime and Cement—Buy 35s 3d, sel 36s fid. Moegiel Woollen Co.—Buy £7 11s. N-Z- Drug Co.—Buy 71s. sel 745. N.Z. Farmers’ Fertiliser—Buy 21s 9d. N.Z. Paper Mills (ord.)—Buy 20s 6d. Otago Daily Times—Sd 72e fid. Smith and Smith (pref.)— Sel 19s fid. BREWERIES. - . N-?. Breweries, Ltd.—Buy 86s fid, sel 87s 9a. N.Z. Breweries Debent.—Buy 27s 6d. Bel -28 s 6d. Staples Brewery—Buy 53s 3d, sel 54s oQ. Dunedin Brewery—Sel 335. MINING. Electrolytic Zinc (pref.)—Buy 34s fid, sel 006. 0 Electrolytic Zinc (ord.)—Buy 345, sel oss, Kildare—Buy 2s sd. sel 2s fid. Stoney Creek—Sel fid prem. , Winding Creek—Buy 9d prem. Winding Creek (pd.)- -Sel Is lOd. Paddy s Point —Sel se. WAR BONDS. 4V per cent. Bonds. 1938—Buy £IOO. 4* per cent. Bonds. 1930—Buy £IOO. 44 per cent. Bonds. 1941—Buy £IOO. oi per cent. Soldiers' Bonds, 1933Buy £IOO 10s. 44 per cent. Inscribed, 1939—8uy £IOO. 54 per cent. Soldiers’ Inscd., 1933—8uy £IOO 15s, 5i per cent. Insc. Bonds. 1941—Buy £99 ss. 54 per cent. Inscribed, 1936 —Buy £lOl 7s 6d» Per C6nt ‘ Bonds ’ 1933 —8uy 5i per cent. Inscribed, 1933—8uy £99 10s. 5J per cent. Inscribed, 1937—50 l £99 10s. NORTHERN EXCHANGES. (P£B United Press Association.) The following business was done on Changes yesterday:— 1 Auckland.—Sales: Australian Bank of Commerce. 31s fid; Commercial Bank of Australia, 27s Bd. 27s 7d; New Zealand Breweries debentures, 28a 3d; Bank of New Zealand. 61s (two parcels); D mortgage (20s paid). 28s 4sd; Fanners’ Tradi ? PEef.). 14s 3d; Wilson Cement, 42s 9d; Waihi, 12s 4d. Wellington.—Sales renoried: Sharland and Co. ((ord.). £1 is; New Zealand Guarantee Corp. (ord.), 8s fid: Sharland and Co. (ord.), £1 Is, ex div.Christchurch.—Sales: Commercial Bank of Australia. 27s 8d; Mount Lyell (cum t xr’ 7d.—-Sales reported: Bank of New South Wales. £4B 10s; number of shares—loo Commercial Bank of Austraha 10 Bank of New South Wales. 50 Mount Lyell (cum div), PRICE OF FINE GOLD. (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, November 13. Line gold is quoted at £4 4s lUd per oz. * CHICAGO WHEAT MARKET. (United Press Association.) (By Electric Telegraph—Copyright.) NEW YORK, November 13. Chicago wheat, after dropping to new low levels for the season, rose to a higher point after word was received of strong markets in Liverpool and Buenos Aires. Ihe demand for cash grain also improved Cash wheat _ prices were substantially below the price set in the Farm Board’s loan table. . Mills bought more freely and foreigners are also credited with having bought heavily in futures. Wheat closed: December, 1141 cents per bushel, March. 1214; May. 125. LONDON MARKETS. The New Zealand Loan and Mercantile Agency Company, Ltd., has received the following cablegram from London, under the date November 13:— Butter.—New Zealand choicest salted new season. 174 s to 1765; stored, 170 s to Cheese.—Coloured, 925; white, 935, The markets are quiet. LONDON TALLOW MARKET. Messrs Dalgety; and Co., Ltd., have received the following cablegram from London. dated November 13:— Tallow.—The tallow market is nominally unchanged. CANADIAN WHEAT YIELD. (United Press Association.) (By Electric Telegraph--Copyright.) OTTAWA, November 13. (Received Nov. 14, at 5.5 p.m.) Tim total wheat yield for the present year is 293,899,000 bushels, according to the estimate of the Dominion Bureau of Statistics.